The Rupee opened stronger on Thursday, adding to the previous day's advance, spurred by the dollar's decline on worries that growth in the world's largest economy is slowing. The rupee rose 0.2% on Wednesday, its biggest one-day jump in more than three weeks. The dollar index dropped 1%, taking its decline this week to 3%. U.S. private payrolls growth slowed considerably in February, data released on Wednesday showed, indicating that the labour market is cooling off. The private payrolls data follows a string of disappointing data, including a slump in U.S. consumer confidence in January, along with a steep in retail sales. The rally in the euro on the back of aggressive defensive and infrastructure spending plans by European leaders has further undermined the dollar. The euro has the highest weightage in the dollar index. Meanwhile, dollar-rupee forward premiums will be in focus, after the Indian central bank announced yet another buy-sell FX swap to shore up rupee liquidity. The euro extended four-month highs to the U.S. dollar on Thursday, following a surge in European bond yields on Germany's proposed 500 billion euro ($539.85 billion) infrastructure fund and overhaul in borrowing limits. The greenback wallowed near a four-month trough against a basket of major peers as U.S. President Donald Trump's administration gave a one-month reprieve on auto import levies to Canada and Mexico, again showing how rapidly the trade landscape can shift. The euro was flat at $1.0792 in the Asian morning, after earlier touching $1.0803 for the first time since November 8. The shared currency is up nearly 4% this week, on track for its best week since March 2020, although a policy decision from the European Central Bank later in the day will bear scrutiny. A quarter-point rate cut is widely expected, but the focus will be on the scope and pace of easing beyond that. Sterling edged as high as $1.2906, a level last seen on November 11. The U.S. dollar index was little changed at 104.31, after easing to 104.25 overnight for the first time since November 8. The dollar gained 0.2% against the safe-haven yen, however, to be last at 149.17 yen . It edged up 0.1% to 7.2438 yuan in offshore trading , but after falling 0.9% over the previous two sessions. The Aussie gained 0.1% to $0.6345, the highest since February 26. Oil prices steadied on Thursday after falling over the past four sessions as U.S. tariffs on Canadian crude supply may be eased but investors remain wary of remaining tariffs on Mexico and major producers' plans to increase output. Brent futures were trading up 42 cents, or 0.61%, at $69.72 a barrel by 0144 GMT, while U.S. West Texas Intermediate crude (WTI) were up 40 cents, or 0.6%, to $66.71 a barrel.......